Executive Summary
Forval Corporation provides information telecommunications consulting services to small-and medium-sized companies in Japan. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Share Price & News
How has Forval's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8275 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8275's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.0%
8275
0.9%
JP Electronic
1.6%
JP Market
1 Year Return
-30.2%
8275
35.7%
JP Electronic
31.3%
JP Market
Return vs Industry: 8275 underperformed the JP Electronic industry which returned 35.7% over the past year.
Return vs Market: 8275 underperformed the JP Market which returned 31.3% over the past year.
Shareholder returns
| 8275 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 0.9% | 1.6% |
| 30 Day | -0.4% | -2.2% | -1.4% |
| 90 Day | -3.8% | -5.6% | 0.1% |
| 1 Year | -28.1%-30.2% | 37.3%35.7% | 34.2%31.3% |
| 3 Year | -4.5%-12.0% | 34.7%29.0% | 15.0%7.1% |
| 5 Year | 17.1%2.5% | 124.8%109.0% | 61.1%43.4% |
Long-Term Price Volatility Vs. Market
How volatile is Forval's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Forval undervalued compared to its fair value and its price relative to the market?
84.54x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8275 (¥817) is trading above our estimate of fair value (¥814.68)
Significantly Below Fair Value: 8275 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8275 is poor value based on its PE Ratio (84.5x) compared to the JP Electronic industry average (16.2x).
PE vs Market: 8275 is poor value based on its PE Ratio (84.5x) compared to the JP market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8275's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8275 is overvalued based on its PB Ratio (1.8x) compared to the JP Electronic industry average (1x).
Future Growth
How is Forval forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.9%
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Forval has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Forval performed over the past 5 years?
-5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8275 has a large one-off loss of ¥2.3B impacting its December 31 2020 financial results.
Growing Profit Margin: 8275's current net profit margins (0.5%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 8275's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: 8275's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8275 had negative earnings growth (-90.3%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).
Return on Equity
High ROE: 8275's Return on Equity (0.1%) is considered low.
Financial Health
How is Forval's financial position?
Financial Position Analysis
Short Term Liabilities: 8275's short term assets (¥20.5B) exceed its short term liabilities (¥14.3B).
Long Term Liabilities: 8275's short term assets (¥20.5B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 8275's debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 8275's debt to equity ratio has increased from 13.4% to 33.6% over the past 5 years.
Debt Coverage: 8275's debt is well covered by operating cash flow (45%).
Interest Coverage: 8275's interest payments on its debt are well covered by EBIT (416.8x coverage).
Balance Sheet
Dividend
What is Forval current dividend yield, its reliability and sustainability?
3.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8275's dividend (3.18%) is higher than the bottom 25% of dividend payers in the JP market (1.24%).
High Dividend: 8275's dividend (3.18%) is in the top 25% of dividend payers in the JP market (2.83%)
Stability and Growth of Payments
Stable Dividend: 8275's dividends per share have been stable in the past 10 years.
Growing Dividend: 8275's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (269%), 8275's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.9yrs
Average management tenure
CEO
Masanori Nakajima (56 yo)
10.92yrs
Tenure
Mr. Masanori Nakajima has been the President of Forval Corporation since June 2010 and served as its Chief Operating Officer. Mr. Nakajima served as its Senior Vice President of Forval Corporation since Ju...
Leadership Team
Experienced Management: 8275's management team is seasoned and experienced (10.9 years average tenure).
Board Members
Experienced Board: 8275's board of directors are seasoned and experienced ( 15.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Forval Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Forval Corporation
- Ticker: 8275
- Exchange: TSE
- Founded: 1980
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: JP¥20.870b
- Shares outstanding: 25.58m
- Website: https://www.forval.co.jp
Number of Employees
Location
- Forval Corporation
- AOYAMA Oval Building
- 14th Floor
- Tokyo
- 150-0001
- Japan
Listings
Biography
Forval Corporation provides information telecommunications consulting services to small-and medium-sized companies in Japan. It also offers management consulting services. Forval Corporation was founded in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/10 08:02 |
| End of Day Share Price | 2021/05/10 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.